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Month: February 2023

Posted on 22/02/2023

UOB ‘less enthusiastic’ on upcoming two-year SGS outperformance vs US Treasuries or Sora OIS

UOB’s global economics and market research team as well as interest rates strategist Victor Yong is “less enthusiastic” on the outperformance of the upcoming two-year Singapore Government Securities ...

Posted on 22/02/2023

Dubai’s appeal to crypto players may top that of Singapore, amid US clampdown

Dubai could prevail over Singapore as the preferred location for some cryptocurrency players following moves by regulators in the United States to clamp down on the sector. Read more at ...

Posted on 22/02/2023

Bitcoin And Crypto Now Braced For A China Earthquake After $100 Billion Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana Price Rally

Last week, Singapore-based DBS revealed its crypto trading volume almost doubled in 2022. "The increase in trading volume on DBS’s digital asset platform is a reminder that any government, even the ...

Posted on 22/02/2023

Chinese Banker Was Reportedly Moving Wealth To Singapore Before Going Missing Amid Potential Xi Jinping’s Crackdown

Bao Fan, China's missing high-profile investment banker, was working to set up a Singapore family office before he went missing, sparking concerns about a potential Beijing crackdown. What Happened: ...

Posted on 22/02/2023

CapitaLand Investment establishes China data centre development fund with S$1 billion investments

CapitaLand Investment Limited (CLI) has established a China data centre development fund, CapitaLand China Data Centre Partners (CDCP). CDCP has committed to invest in two hyperscale data centre ...

Posted on 22/02/2023

Digital Assets Platform FalconX Expands Global Presence to Singapore

FalconX, the most reliable digital assets prime brokerage for the world's leading institutions, today announced expansion of its services into Singapore. Matt Long has joined FalconX as General ...

Posted on 22/02/2023

RADM Aaron Beng becomes first Navy chief to be appointed Singapore’s Chief of Defence Force

Aaron Beng Yao Cheng will take over from Lieutenant-General Melvyn Ong Su Kiat as Chief of Defence Force (CDF) on Mar 24, becoming the first Chief of Navy to take the top role. The Ministry of Defence ...

Posted on 22/02/2023

DataStax and Singapore Polytechnic team up over talent for digital first future

With Singapore’s digital sector topping US$ 18 billion in 2022, a new academic partnership is announced to secure the skills that will push such growth even further into the future. DataStax, a ...

Posted on 22/02/2023

Crypto Has Lost the ‘Battle’ Against Fiat Currency, BIS Chief Agustin Carstens Says

Crypto is a financial activity that can really only exist “under certain conditions,” he said. Carstens also spoke at the Monetary Authority of Singapore, saying that central bank digital currencies — ...

Posted on 22/02/2023

7 reasons Singapore should be Your top study destination

Potential for Investment: Commercial spaces also provide opportunities for students looking to set up shop in a bustling and vibrant area. The development is located in a growing area of Singapore and ...

Posted on 22/02/2023

Budget 2023 debate: Hoon Hian Teck on fuelling Singapore’s growth to create fiscal capacity

As a mature economy, Singapore’s future growth will have to be propelled by productivity growth, which in turn will depend on technological diffusion from abroad as well as indigenous innovation. NMP ...

Posted on 22/02/2023

Singapore housing supply to remain tight in the next few years

But home prices are not expected to increase significantly. Singapore is set to see a tight housing supply over the next few years. According to OrangeTee, housing supply is expected to remain tight ... ( read original story ...)

Posted on 22/02/2023

SMEs in Singapore urged to use PayNow-UPI scheme for biz deals with India

The Singapore Indian Chamber of Commerce and Industry (SICCI) has urged Small and Medium Enterprises (SMEs) in the city-state to use the PayNow-UPI linkage for business dealings with India for ease of ... ( read original story ...)

Posted on 22/02/2023

SMEs in Singapore urged to use PayNow-UPI scheme for business dealings with India

The Singapore Indian Chamber of Commerce and Industry (SICCI) has urged Small and Medium Enterprises (SMEs) in the city-state to use the PayNow-UPI linkage for business dealings with India for ease of ...

Posted on 22/02/2023

Nokia wins 10-year extension to existing 5G deal with Singapore’s Antina

the joint venture formed by M1 and StarHub in Singapore. The Finnish telecom equipment maker won this deal following a competitive tender process. "This long-term extension to our contract ...

Posted on 22/02/2023

Nifty to top 17900 or continue range-bound trading? 7 things to know before share market opens

On the Singapore Exchange ... F&O sector because they have exceeded 95% of the market-wide position limit (MWPL). During the F&O ban period, no new positions are permitted for F&O contracts in that ...

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